China says stimulus has revived its economy

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Updated April 24, 2009 19:33:12

The Chinese government says a 585-billion dollar stimulus plan has helped revive growth in the world's third-largest economy. The economy grew 6.1 percent in the first quarter this year and analysts are predicting it will continue upwards throughout the year. Borrowing is also on the increase, but some critics argue too much newly available money is being put into the stock market.

Presenter: Ian Burrows
Speaker:Chief China economist at BNP Paribas Securities Asia, Chen Xingdong

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